CSMD – Congress SMid Growth ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks long‑term capital appreciation. The fund is an actively-managed exchange-traded fund (“ETF”). The fund seeks to achieve its investment objective by investing at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities of small and mid-capitalization companies. The fund invests primarily in publicly traded stocks of U.S. companies which the adviser considers to have a small to mid-size market capitalization.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
CSMD	Congress SMID Growth ETF	ETF	Open			Aug 21, 2023	$480.70M	0.680%	—	—	$94.42M

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